Banking
Stock Yards Bancorp Executive Compensation (FY25)
SYBT · Executive and director compensation, fiscal 2023 to 2025
Data as of September 7, 2026Latest filing (8-K): April 29, 2026
254 figures on this page: 247 cited to the filing that reported them, 7 calculated from figures it prints. See the citations
The say-on-pay proposal drew 96.2% of votes cast for or against in favor at the meeting held April 23, 2026 for fiscal 2025, and companies named in the disclosed peer group include 1st Source Corporation, Amerant Bancorp Inc., Berkshire Hills Bancorp Inc., Business First Bancshares Inc. and Capital City Bank Group Inc., among others. The fiscal 2025 disclosure covers 5 named executive officers. Figures cover fiscal 2023 through fiscal 2025.
What changed from fiscal 2024 to fiscal 2025
The figures that moved, and by how much. Analysis of these figures is part of the Velarion platform.
Say-on-pay support: 97.5% → 96.2% (1.3 points lower)
Frequently asked questions
Answers drawn from the data on this page.
What was Stock Yards Bancorp's say-on-pay result?
The say-on-pay proposal drew 96.2% of votes cast for or against in favor at the meeting held April 23, 2026 for fiscal 2025.
Which companies are in Stock Yards Bancorp's peer group?
Companies named in the disclosed peer group include 1st Source Corporation, Amerant Bancorp Inc., Berkshire Hills Bancorp Inc., Business First Bancshares Inc. and Capital City Bank Group Inc., among others.
Executive compensation
Every element reported for each named executive officer, by fiscal year.
Fiscal 2023
| Officer | Salary | Bonus | Stock awards | Option awards | Non-equity incentive | Pension and deferred earnings | All other compensation | Total |
|---|---|---|---|---|---|---|---|---|
James Hillebrand Chairman and Chief Executive Officer | ◇ | — | ◇ | ◇ | — | — | ◇ | ◇ |
Philip Poindexter President | ◇ | — | ◇ | ◇ | — | — | ◇ | ◇ |
T. Clay Stinnett Chief Financial Officer | ◇ | — | ◇ | ◇ | — | — | ◇ | ◇ |
Michael Rehm Chief Lending Officer | ◇ | — | ◇ | ◇ | — | — | ◇ | ◇ |
Fiscal 2024
| Officer | Salary | Bonus | Stock awards | Option awards | Non-equity incentive | Pension and deferred earnings | All other compensation | Total |
|---|---|---|---|---|---|---|---|---|
James Hillebrand Chairman and Chief Executive Officer | ◇ | — | ◇ | ◇ | ◇ | — | ◇ | ◇ |
Philip Poindexter President | ◇ | — | ◇ | ◇ | ◇ | — | ◇ | ◇ |
T. Clay Stinnett Chief Financial Officer | ◇ | — | ◇ | ◇ | ◇ | — | ◇ | ◇ |
Michael Rehm Chief Lending Officer | ◇ | — | ◇ | ◇ | ◇ | — | ◇ | ◇ |
Shannon Budnick EVP and Director of Wealth Management & Trust | ◇ | — | ◇ | ◇ | ◇ | — | ◇ | ◇ |
Fiscal 2025
| Officer | Salary | Bonus | Stock awards | Option awards | Non-equity incentive | Pension and deferred earnings | All other compensation | Total |
|---|---|---|---|---|---|---|---|---|
James Hillebrand Chairman and Chief Executive Officer | ◇ | — | ◇ | ◇ | ◇ | — | ◇ | — not reconciled |
Philip Poindexter President | ◇ | — | ◇ | ◇ | ◇ | — | ◇ | — not reconciled |
T. Clay Stinnett Executive Vice President and Chief Financial Officer | ◇ | — | ◇ | ◇ | ◇ | — | ◇ | — not reconciled |
Michael Rehm Executive Vice President and Chief Lending Officer | ◇ | — | ◇ | ◇ | ◇ | — | ◇ | — not reconciled |
William Dishman III Executive Vice President and Chief Credit Officer | ◇ | — | ◇ | ◇ | ◇ | — | ◇ | — not reconciled |
A dash means the company reported no figure in that column. $0 is shown only where the filing prints a zero. A negative change in pension value is shown but, as the company reports it, not included in the total.
Equity awards granted
Individual awards as disclosed: type, date, unit counts at each level, and grant date value.
Fiscal 2025
| Officer | Award | Grant date | Threshold units | Target units | Units granted | Maximum units | Exercise price | Grant date fair value |
|---|---|---|---|---|---|---|---|---|
| Hillebrand | PSU | ◇ | ◇ | ◇ | — | ◇ | — | ◇ |
| Hillebrand | OPTION | ◇ | — | — | ◇ | — | ◇ | ◇ |
Fiscal 2023, 2024 are included in the PDF.
A dash means the company reported no figure in that column. $0 is shown only where the filing prints a zero. Threshold, target and maximum apply only to performance awards and are never shown for time-based or option awards.
Outstanding awards
Awards still held at fiscal year end.
As disclosed at fiscal 2025 year end
| Officer | Award | Unvested units | Market value of unvested units | Exercise price | Expires |
|---|---|---|---|---|---|
| Michael Rehm | Option | ◇ | — | ◇ | — |
| Option | ◇ | — | ◇ | 2/25/2030 | |
| Option | ◇ | — | ◇ | 2/14/2032 | |
| Option | ◇ | — | ◇ | 2/13/2033 | |
| Option | ◇ | — | ◇ | 2/19/2029 | |
| PSU | ◇ | ◇ | — | — | |
| Option | ◇ | — | ◇ | — | |
| Option | ◇ | — | ◇ | 2/25/2031 | |
| Option | ◇ | — | ◇ | 2/12/2034 | |
| PSU | ◇ | ◇ | — | — | |
| Option | ◇ | — | ◇ | — | |
| Option | ◇ | — | ◇ | — | |
| Option | ◇ | — | ◇ | — | |
| PSU | ◇ | ◇ | — | — | |
| James Hillebrand | PSU | ◇ | ◇ | — | — |
| Option | ◇ | — | ◇ | — | |
| PSU | ◇ | ◇ | — | — | |
| PSU | ◇ | ◇ | — | — | |
| Option | ◇ | — | ◇ | — | |
| Option | ◇ | — | ◇ | — | |
| Option | ◇ | — | ◇ | — | |
| Option | ◇ | — | ◇ | — | |
| T. Clay Stinnett | PSU | ◇ | ◇ | — | — |
| PSU | ◇ | ◇ | — | — | |
| Option | ◇ | — | ◇ | — | |
| Option | ◇ | — | ◇ | — | |
| PSU | ◇ | ◇ | — | — | |
| Option | ◇ | — | ◇ | — | |
| Option | ◇ | — | ◇ | — | |
| Option | ◇ | — | ◇ | — | |
| Philip Poindexter | Option | ◇ | — | ◇ | — |
| PSU | ◇ | ◇ | — | — | |
| Option | ◇ | — | ◇ | — | |
| Option | ◇ | — | ◇ | — | |
| Option | ◇ | — | ◇ | — | |
| PSU | ◇ | ◇ | — | — | |
| PSU | ◇ | ◇ | — | — | |
| Option | ◇ | — | ◇ | — | |
| William Dishman | Option | ◇ | — | ◇ | — |
| Option | ◇ | — | ◇ | 3/21/2027 | |
| PSU | ◇ | ◇ | — | — | |
| PSU | ◇ | ◇ | — | — | |
| Option | ◇ | — | ◇ | — | |
| Option | ◇ | — | ◇ | — | |
| Option | ◇ | — | ◇ | — | |
| Option | ◇ | — | ◇ | — | |
| PSU | ◇ | ◇ | — | — |
A dash means the company reported no figure in that column. $0 is shown only where the filing prints a zero.
Director compensation
What each non-employee director was paid.
Fiscal 2025
| Director | Fees earned in cash | Stock awards | Option awards | Non-equity incentive | Pension and deferred earnings | All other compensation | Total |
|---|---|---|---|---|---|---|---|
Stephen M. Priebe Lead independent director | ◇ | ◇ | — | — | — | ◇ | ◇ |
Richard A. Lechleiter | ◇ | ◇ | — | — | — | ◇ | ◇ |
Carl G. Herde | ◇ | ◇ | — | — | — | ◇ | ◇ |
Edwin S. Saunier | ◇ | ◇ | — | — | — | ◇ | ◇ |
Paul J. Bickel III | ◇ | ◇ | — | — | — | ◇ | ◇ |
John L. Schutte | ◇ | ◇ | — | — | — | ◇ | ◇ |
Shannon B. Arvin | ◇ | ◇ | — | — | — | ◇ | ◇ |
Allison J. Donovan | ◇ | ◇ | — | — | — | ◇ | ◇ |
Laura L. Wells | ◇ | ◇ | — | — | — | ◇ | ◇ |
Daniel Heintzman | ◇ | — | — | — | — | ◇ | ◇ |
David L. Hardy | ◇ | — | — | — | — | — | ◇ |
Philip S. Poindexter and James A. Hillebrand served on the board in fiscal 2025 and received no compensation for board service. Executive directors are typically paid through their executive roles, shown above.
Earlier years are included in the PDF.
A dash means the company reported no figure in that column. $0 is shown only where the filing prints a zero.
Director fee schedule
The standing retainers and premiums the board pays, as published.
| Board cash retainer | ◇ |
| Board equity retainer | ◇ |
| Total board retainer | ◇ |
| Board chair premium | ◇ |
| Lead independent director premium | ◇ |
| Audit committee chair | ◇ |
| Audit committee member | ◇ |
Equity is delivered as restricted stock units.
Disclosed peer group
The companies this board named as its compensation comparison group. The list is disclosure; the comparison is analysis.
Fiscal 2025
- 1st Source Corporation SRCE
- Amerant Bancorp Inc. AMTB
- Berkshire Hills Bancorp Inc. BBT
- Business First Bancshares Inc. BFST
- Capital City Bank Group Inc. CCBG
- City Holding Company CHCO
- FB Financial Corporation FBK
- First Busey Corporation BUSE
- First Financial Bankshares, Inc. FFIN
- Mercantile Bank Corp. MBWM
- National Bank Holdings Corporation NBHC
- Nicolet Bankshares Inc. NIC
- Northwest Bancshares Inc. NWBI
- Park National Corporation PRK
- Peapack-Gladstone Financial Corporation PGC
- QCR Holdings, Inc. QCRH
- Sandy Spring Bancorp, Inc. SASR
- South Plains Financial Inc. SPFI
- Southside Bancshares, Inc. SBSI
- The First Bancshares, Inc. FBMS
- Tompkins Financial Corporation TMP
- Univest Financial Corporation UVSP
Say-on-pay history
Shareholder support for the compensation program, by year.
| Year | Meeting | Support | Votes for | Votes against | Abstentions |
|---|---|---|---|---|---|
| 2025 | April 23, 2026 | = | ◇ | ◇ | ◇ |
| 2024 | April 24, 2025 | = | ◇ | ◇ | ◇ |
| 2023 | April 25, 2024 | = | ◇ | ◇ | ◇ |
| 2022 | April 27, 2023 | = | ◇ | ◇ | ◇ |
| 2021 | April 28, 2022 | = | ◇ | ◇ | ◇ |
| 2020 | April 22, 2021 | = | ◇ | ◇ | ◇ |
| 2019 | April 23, 2020 | = | ◇ | ◇ | ◇ |
What this page does not include
Everything above is a fact Stock Yards Bancorp disclosed, and it is free. Everything below is our analysis of those facts, and it is not.
Peer benchmarking
Where Stock Yards Bancorp sits against its disclosed peers — percentile position by role and by pay element, and the ranking behind it. The disclosed peer group is free; comparisons across it are part of the Velarion platform.
Executive Compensation Report — $1,500Written compensation analysis
A read of the pay program as designed and as paid: incentive structure, goal rigor, the alignment between the committee's stated philosophy and what the numbers show.
Executive Compensation Report — $1,500Board and governance analysis
Committee composition, independence, director pay positioning, and the governance provisions read together rather than listed.
Board Governance Report — $1,200Realizable pay
What the awards above are actually worth today against what they were valued at on grant, and what the gap says about the pay-for-performance link.
Velarion IntelligenceAdviser switching and vote outcomes
Two datasets covering compensation-adviser changes and what followed a contested vote. Both are part of the Velarion platform.
Enquire about accessMultiple companies at once
Cross-company views, cohort screens, and data export across the industries we cover. This page is one company; the platform is all of them.
Velarion IntelligenceCitations
Every figure on this page is cited to the document that reported it. Select any figure to see its citation.
254 figures on this page: 247 cited to the filing that reported them, 7 calculated from figures it prints.
247 cited to the filing
7 calculated from the filing
Documents cited
- 0001437749-26-013763Item 5.07 Submission of Matters to a Vote of Security Holders
- 0001437749-26-0078792025 Director Compensation · Director Compensation · Grants of Plan-Based Awards Table · Outstanding Equity Awards at Fiscal Year End Table · and 1 more section
- 0001437749-25-013420Item 5.07 Submission of Matters to a Vote of Security Holders
- 0001437749-25-007118Summary Compensation Table
- 0001437749-24-014120Item 5.07 Submission of Matters to a Vote of Security Holders
- 0001437749-24-007749Summary Compensation Table
- 0001437749-23-012025Item 5.07 Submission of Matters to a Vote of Security Holders
- 0001437749-22-010582
- 0001437749-21-009699
- 0001157523-20-000576
Cite this data
This page is free to cite. Attribution we ask for:
Velarion, “Stock Yards Bancorp executive compensation, FY2023–FY2025.” https://intel.velarion.ai/comp/SYBT (accessed 2026).
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Peers Stock Yards Bancorp discloses
The companies named in SYBT's own disclosed peer group.
1st Source CorporationAmerant Bancorp Inc.Berkshire Hills Bancorp Inc.Business First Bancshares Inc.Capital City Bank Group Inc.City Holding CompanyFB Financial CorporationFirst Busey CorporationFirst Financial Bankshares, Inc.Mercantile Bank Corp.National Bank Holdings CorporationNicolet Bankshares Inc.Northwest Bancshares Inc.Park National CorporationPeapack-Gladstone Financial CorporationQCR Holdings, Inc.South Plains Financial Inc.Southside Bancshares, Inc.Tompkins Financial CorporationUnivest Financial Corporation
Terms on this page
Cite this data
APA
Velarion Company Intelligence. (2026). Velarion database: executive and board compensation data (Version 2026Q3) [Data set]. Zenodo. https://doi.org/10.5281/zenodo.22283854
BibTeX
@misc{velarionData2026,
author = {{Velarion Company Intelligence}},
title = {Velarion database: executive and board compensation data},
year = {2026},
version = {2026Q3},
doi = {10.5281/zenodo.22283854},
publisher = {Zenodo},
url = {https://doi.org/10.5281/zenodo.22283854}
}